Posts Tagged ‘racial strategy’

Wells Fargo’s “Ghetto Loans” and the “Mud People”

Wells Fargo’s “Ghetto Loans” and the “Mud People”

Beth Jacobson says that she and fellow loan officers at Wells Fargo Bank systematically singled out blacks in and around Baltimore in order to sell them high-interest sub-prime mortgages, whether they would have qualified for prime loans or not. ... (Continue reading)


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